5650 Broadway Sacramento, CA $ 2,375,000
5650 Broadway
$ 2,375,000
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5650 Broadway

Sacramento, CA, 95820
$ 2,375,000
Baths0.0

Monthly Estimate*

$ 15,785

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Studio

Multi-Family Home for sale in Sacramento, CA

for $2,375,000. This home was built in 1934 on a lot size of 0.16.

5650 Broadway is a 3-parcel "value-add" development opportunity located in the Tahoe Park neighborhood of Sacramento. The Property currently features 3 residential units including a single-family residence on Broadway and a single-story duplex located behind the SRF, all of which are in exceptional condition. The three existing units are currently rented for a total of $8,450 per month gross. The Property also represents significant upside in the underutilized land over its three contiguous parcels totaling .60 acres. Existing preliminary architectural plans map the construction of eight additional units including one duplex (2 units) and 6 accessory dwelling units measuring 599 square feet to streamline the development process and minimize development fees for the project. The Property sits less than a mile from existing UC Davis medical facilities and Aggie Square, the state-of-the-art research and innovation center that is currently under construction. The project will bring thousands of highly-paid professionals to the neighborhood, many of which will seek well-located & upscale unit.

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Multi-Family Active

Price

$ 2,375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

0.16

Year Built

1934

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

224004384

Features
General
Sewer Public Sewer
Heating Central
Cooling Central
Utilities Natural Gas Connected Electric
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 0
HOA 0
Garage Spaces 0.0
Construction Materials Stucco Wood
Year Built 1934
Stories 2
Property SubType 5 or More Units
Elevation 0
County Sacramento
Property Type ResidentialIncome
HOA / Comm Assn N
Total Rooms 0
Close Price 0.0
Status Active
Directions Located along Broadway between 56th and 58th Streets.
City Sacramento
Buyer Agent Compensation 2
High School District Sacramento Unified
Zoning Description R-1-Single Family Residential
Open Parking Spaces 11.0
Total Units 3
MLS Area 10820
Lot Size Square Feet 6970.0
Carport Spaces 0.0
Street Name Broadway
Standard Status Active
Middle/Junior School District Sacramento Unified
Elementary School District Sacramento Unified
Year Built Source Assessor Auto-Fill
Buyer Agent Compensation Type Percent
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Interior
Flooring Vinyl
Total Stories 2
Unit 1 Full Baths 0
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Laundry Features Other
Unit 1 Bedroom Units Total 0
Unit 2 Bedroom Units Total 2
Unit 3 Bedroom Units Total 1
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Exterior
Parking Features Open Other
Lot Features Private Secluded
Water Source Public
Total Parking 11.0
Foundation Details Concrete
Number of Buildings 2
Lot Size Acres 0.16
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 5650
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* Excluded Features
List By
Ken Turton, Broker

Broker

jonlang@turtoncom.com

Email

Affordability Calculator

$15,785
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193778 Elementary School
3193676 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
1/19/2024 $2,375,000 Listed Price

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5650 Broadway, Sacramento, CA, 95820 is a Multi-Family Home for sale at $2,375,000 with a lot size of 0.16. 5650 Broadway is a studio with 0.0 baths and was built in 1934. The property's zip code is 95820 which is in Sacramento, CA